Kevin Warsh, the new chairman of the Federal Reserve, has sent a clear signal that he will carry out sweeping reforms and is not as “dovish” as the market had expected. This is undoubtedly terrible news for large technology companies. The new chairman, known for his terse style, has refrained from publishing his own dot
On Sunday (21st), delegations from the United States and Iran held technical-level talks in Switzerland. According to related reports, tensions unexpectedly emerged on the first day of the talks. As the U.S. President once again issued threats against Iran, the Iranian side strongly protested, causing the negotiations to be temporarily suspended. The latest developments have
US-Iran Talks in Switzerland Suspended After Trump Threats Read More »
Evan Greenberg, CEO of Chubb, expects shipping traffic through the Strait of Hormuz to gradually increase, but risks remain. He said, “We are now talking about a war-zone-like environment. Currently, there is only one narrow channel available for passage, so the number of vessels entering and exiting is limited. The navy has been working to
Chubb CEO: Hormuz Shipping to Gradually Increase but Risks Remain Read More »
Driven by an unprecedented AI boom, South Korea’s semiconductor industry is experiencing a period of exceptional profit windfalls. However, this “wealth-creation myth” fueled by tech giants is also rapidly transforming into a flood of hot money pouring into South Korea’s real estate market, raising deep concerns among the country’s policymakers about an unbalanced economic boom
South Korea Semiconductor Boom Fuels Real Estate Rally, Policy Concerns Read More »
A startup named Panthalassa is considering using seawater to power and cool data centers. The investors behind it include Peter Thiel and several Silicon Valley venture capital firms. Peter Thiel is an influential venture capitalist in Silicon Valley, co-founder of PayPal, and a precise investor in tech giants such as Facebook and SpaceX. On June
Panthalassa Plans to Use Seawater to Power and Cool Data Centers Read More »
On June 22, local time, the media committee of the Iranian negotiation delegation released the key contents and agreement points reached in the first round of US-Iran Geneva negotiations: 1. Under pressure from the Iranian delegation, the fragile ceasefire in Lebanon has been maintained since the afternoon of June 20. To consolidate this ceasefire, a
US Iran Geneva First Round Talks Key Content Read More »
On June 22, SK Hynix’s market capitalization briefly surpassed Samsung Electronics, becoming the most valuable listed company in South Korea. Benefiting from the global artificial intelligence boom, the company’s share price has risen by more than 340% so far this year. SK Hynix plans to issue American Depository Receipts (ADRs) on the U.S. stock market
SK Hynix Overtakes Samsung as Korea’s Most Valuable Company for First Time in 26 Years Read More »
Microsoft, which once strongly backed OpenAI and ignited the artificial intelligence (AI) boom, is now sending a different signal: the AI race no longer revolves solely around building the most advanced frontier models, but increasingly focuses on making AI models interchangeable and widely accessible. On June 22, Microsoft CEO Satya Nadella called for a change
NVIDIA’s official blog published an article detailing the comprehensive liquid cooling technology used in the Rubin platform. NVIDIA stated that all cloud service providers and data center operators building systems for the Rubin platform are driving the transition to liquid cooling. The bottleneck of AI computing expansion is shifting from chip supply to power supply
John Jumper, a senior research scientist at Google DeepMind, announced his departure last Friday to join Anthropic, a competitor. Market and industry shifts are significant factors in Jumper’s decision to leave. The AI talent war has intensified, with top talent prioritizing research directions, organizational openness, and opportunities to push the boundaries of science. On June
Google DeepMind Nobel Laureate John Jumper Departs for Anthropic Amid AI Talent War Read More »
